Current Info

AGENDA for the RETIREMENT BOARD EDUCATION SESSION AND RETIREMENT BOARD MEETING
to be held in the
PERS' BOARD ROOM
5820 S. Eastern Avenue, Suite 220, Las Vegas, Nevada

Tuesday, January 18th and Wednesday, January 19th, 2005

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This is the tentative schedule for the meeting. The Board reserves the right to take items in a different order to accomplish business in the most efficient manner.

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PERS, 693 West Nye Lane, Carson City
State Department of Personnel, Blasdel Building, Carson City
Clark County School District, 2832 Flamingo Rd., Las Vegas
PERS, 5820 South Eastern Ave, Suite 220, Las Vegas
Washoe County, 1001 East 9th Street, Reno

In addition, the agenda was mailed to every public employer, the news media, and other groups and individuals as requested.

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INVESTMENTS

1. Impact of Asset Allocation/Manager Selection

ADMINISTRATION

1. PERS' Legislative Process Review

QUESTIONS AND ANSWERS
RECESS

DISABILITIES

1. Evaluation of disability retirement matters. (Action)

INVESTMENTS

1. Payden & Rygel, U.S. and non-U.S. bond portfolio presentation. (Information)

2. Western Asset Management, active U.S. bond portfolio presentation. (Information)

3. Banking Selection Update. (Information)

4. Portfolio Summary Report. (Information)

5. Directed Brokerage/Commission Recapture. (Action)

6. Interim Investment Directives, PERS', Legislators', and Judicial Retirement Systems. (Action)

BOARD

1. Minutes of the Retirement Board education and meeting held December 14 and 15, 2004. (Action)

2. Retirement Board meeting dates for 2005. (Action)

3. Retirement Board education curriculum calendar. (Action)

ADMINISTRATION

1. PERS' Administrative Budget Update. (Information)

LEGISLATION

1. Update on the Bill Draft Request List for the 2005 Legislative Session. (Information)

2. Legislative matters that develop after publication of the agenda and which, due to scheduling, must be acted upon at this time. (Action)

RATIFICATION AGENDA (All items in this section will have action taken.)

1. Approval of Administrative Fund disbursements.

2. Approval of personnel action.

3. Retroactive approval of out-of-state for the Board Chairman, Mark Balen, to attend the Opal Financial Public Funds Conference in Phoenix, Arizona, January 8-11, 2005, at no cost to the system.

4. Approval of accounts receivable write-off for overpaid student survivor benefits to James Wirey in the amount of $2,172.06.

5. Approval of contract renewal with PricewaterhouseCoopers to perform financial audits of the Public Employees' Retirement System, Legislators' Retirement System, and the Judicial Retirement System for the fiscal year ending June 30,2 005, for a fee not to exceed $103,400.

6. Approval of the Final Benefit Audit Follow Up report for April 2002 through June 2003.

7. Approval of out-of-state travel for the Administrative Analyst to attend the National Association of Investment Professionals (NASIP) conference in New Orleans, Louisiana, March 8-11, 2005.

DENIALS
REPORTS
COMMENTS

1. Individual statements and/or requests by the members, retired employees and/or the public. (Information)

2. Report by the Deputy Attorney General. (Information)

3. Administrative report by Staff. (Information)

4. Questions and/or comments by members of the Retirement Board. (Information)

NOTE: We are pleased to make reasonable accommodations for persons who are disabled and wish to attend the meeting. If special arrangements are required, please notify Karen Kimball, in writing, 693 West Nye Lane, Carson City, NV 89703, or by calling (775) 687-4200, as soon as possible.